88
88
Nov 30, 2012
11/12
by
KNTV
tv
eye 88
favorite 0
quote 0
lawmakers are edging ever closer to that year-end fiscal cliff. today we'll get data on personal incomes and spending and manufacturing. the dow ended the day up 36 points to 13,021. the nasdaq up 20 to 3012. with one day left to go in november, the nasdaq and the s&p 500 are in the black for the month, but the dow is still in the red. >>> president obama today heads to pennsylvania to tour a toy factory outside philadelphia as he continues to push republicans to let the bush aera tax cuts expire for people who make more than $250,000 a year. tim geithner made the president's case yesterday meeting with the four congressional leaders on capitol hill. reports say the president's first salvo calls for tax increases, $50 billion in the infrastructure spending and the power to raise the debt ceiling without congressional approval. as you can imagine, guys, congress did not take very well to that, particularly on the republican side. but 31 days and counting here. >> here we go. >> the countdown is on. a lot of salty people on capitol hill. see if they
lawmakers are edging ever closer to that year-end fiscal cliff. today we'll get data on personal incomes and spending and manufacturing. the dow ended the day up 36 points to 13,021. the nasdaq up 20 to 3012. with one day left to go in november, the nasdaq and the s&p 500 are in the black for the month, but the dow is still in the red. >>> president obama today heads to pennsylvania to tour a toy factory outside philadelphia as he continues to push republicans to let the bush aera...
53
53
Nov 29, 2012
11/12
by
KNTV
tv
eye 53
favorite 0
quote 0
republicans and the president still at odds on capitol hill about how to navigate over that fiscal cliff or make sure we don't go other it. the latest on negotiations in a live report. >> reporter: and i'm bob redell. we've got one storm down, two more to go. what you need to know about the next 72 hours of impending rain. that story coming up. >>> welcome back, everyone. 5:41. top white house negotiators head to capitol hill today to continue talks about avoiding the fiscal cliff. tracie potts joins us live on capitol hill where the meetings will take place. good morning. >> reporter: good morning. one of the key players today will be the bay area's own nancy pelosi. the minority leader now on the house side, her job will be to try to not only come to some sort of agreement with the leadership, but then convince the rest of the democrats in the house that this is a good deal, but we are far from that right now. what's happening today, white house negotiators, tim geithner, the treasury secretary and the white house legislative chair coming here to capitol hill to work with pelosi, john
republicans and the president still at odds on capitol hill about how to navigate over that fiscal cliff or make sure we don't go other it. the latest on negotiations in a live report. >> reporter: and i'm bob redell. we've got one storm down, two more to go. what you need to know about the next 72 hours of impending rain. that story coming up. >>> welcome back, everyone. 5:41. top white house negotiators head to capitol hill today to continue talks about avoiding the fiscal...
58
58
Nov 30, 2012
11/12
by
KNTV
tv
eye 58
favorite 0
quote 0
lawmakers are edging closer to that year-end fiscal cliff, 31 days and counting now. today we'll get data on personal income, spending and manufacturing. we've got the futures pointing to a higher start. we'll see if the dow can extend its gains. it closed up 36 points to 13,021. the nasdaq up 20 to 3012. with one day to go in november, the nasdaq and the s&p 500 are in the black, but the dow is still in the red for the month. >>> zynga and facebook have changed their friend status. they're not as attached to one another. the companies have amended the terms of their partnership so zynga will no longer have to display facebook ads or use facebook payments on its own site or use facebook as the exclusive social site for its games, which include words with friends and farmville. facebook will be allowed to develop its own games after the end of march. so i wonder if we'll start seeing a lot of new games and more of those little announcement that say someone just bought a cow or bedazzled their tractor. can you bedazzle your tractor? >> maybe that's a game. create an app
lawmakers are edging closer to that year-end fiscal cliff, 31 days and counting now. today we'll get data on personal income, spending and manufacturing. we've got the futures pointing to a higher start. we'll see if the dow can extend its gains. it closed up 36 points to 13,021. the nasdaq up 20 to 3012. with one day to go in november, the nasdaq and the s&p 500 are in the black, but the dow is still in the red for the month. >>> zynga and facebook have changed their friend...
129
129
Nov 29, 2012
11/12
by
KNTV
tv
eye 129
favorite 0
quote 0
fiscal cliff at the end of the year. but republicans are resisting any move that could end up raising taxes on the rich. we have the latest from washington. >> reporter: he says he wants a deal soon to cut spending but president obama is demanding republicans vote now to prevent the worst fall off the fiscal cliff, tax hikes on 98% of americans. >> the first job is to make sure tax on middle class families don't go up and since we all agree on this we should get that done. >> reporter: house democrats agree. >> if we can get a few house republicans to agree, as well, i will sign this bill. >> reporter: republican tom cole got on board. >> we all agree that we are not going to raise taxes on people that make less than $250,000. >> reporter: house speaker john boehner says no. once tax breaks get blocked democrats can go home for the holidays and on january 1 tax rates rise automatically for the top 2%. worried ceos came to capitol hill saying congress has to avoid the cliff. >> entitlements have to be touched and revenues
fiscal cliff at the end of the year. but republicans are resisting any move that could end up raising taxes on the rich. we have the latest from washington. >> reporter: he says he wants a deal soon to cut spending but president obama is demanding republicans vote now to prevent the worst fall off the fiscal cliff, tax hikes on 98% of americans. >> the first job is to make sure tax on middle class families don't go up and since we all agree on this we should get that done. >>...
112
112
Nov 29, 2012
11/12
by
KNTV
tv
eye 112
favorite 0
quote 0
cliff negotiations on capitol hill. >>> speaking of that fiscal cliff, both democrats and republicans right now still battling to try and find a compromise. top white house negotiate easy heading to capitol hill today to keep those talks going, trying to avoid that looming deadline. tracie potts has the latest on the fight to keep your tax breaks from vanishing. >> reporter: treasury secretary tim geithner and rob nabors bring the president's deficit-cutting plan to capitol hill today. >> i'm open to a fair and balanced approach to reduce our deficit. >> reporter: republicans want to know if it includes the government spending less money. >> we put revenue on the table as long as it's accompanied by serious cuts. >> reporter: white house leaders are meeting with boehner and top republicans. at least one analyst thinks there could be a deal here. >> if i were involved in a negotiation like this and everybody was purporting to be where they are, i would say that an agreement was reachable. >> i'm hopeful but don't put me down anywhere near optimistic. >> reporter: one conservative repub
cliff negotiations on capitol hill. >>> speaking of that fiscal cliff, both democrats and republicans right now still battling to try and find a compromise. top white house negotiate easy heading to capitol hill today to keep those talks going, trying to avoid that looming deadline. tracie potts has the latest on the fight to keep your tax breaks from vanishing. >> reporter: treasury secretary tim geithner and rob nabors bring the president's deficit-cutting plan to capitol hill...
870
870
Dec 1, 2012
12/12
by
KNTV
tv
eye 870
favorite 0
quote 0
. >>> turning now to the looming fiscal cliff. the democrats and the republicans still drawing battle lines today with the deadline for a deal drawing ever closer. mike, good morning. >> reporter: good morning, erica. here we are december 1st and exactly one month we have to go if they can get a deal to avoid going over the fiscal cliff. everybody says it's going to be an economic catastrophe if we do. an average of $2,200 in extra taxes next year for the average american family. the president has undergone a campaign style series of events. he's had ceos marching up and down the driveway here. he's got a twitter campaign. yesterday he was out in suburban philadelphia asking con stitch wa -- constituents to write in, call, do whatever they need to do to get in touch with those republicans in the house of representatives, try to get them to turn their votes. the president put his first proposal on capitol hill last week. it had $1.6 trillion in new revenues. about half of it coming from ending tax cuts for the wealthy, something th
. >>> turning now to the looming fiscal cliff. the democrats and the republicans still drawing battle lines today with the deadline for a deal drawing ever closer. mike, good morning. >> reporter: good morning, erica. here we are december 1st and exactly one month we have to go if they can get a deal to avoid going over the fiscal cliff. everybody says it's going to be an economic catastrophe if we do. an average of $2,200 in extra taxes next year for the average american family....
1,415
1.4K
Nov 29, 2012
11/12
by
KNTV
tv
eye 1,415
favorite 0
quote 0
. >>> treasury secretary tim geithner is holding talks about avoiding the year-end fiscal cliff of tax hikes and spending cuts. republicans are asking for more details from the white house about how president obama would curb the growth of benefit programs like medicare and medicaid. >>> the woman who could be nominated as the next secretary of state got a big show of support wednesday in the face of growing republican criticism. president obama called susan rice extraordinary and said he couldn't be more proud of the job she's done representing the u.s. at the united nations. and outgoing secretary of state hillary clinton said rice has done a great job. rice has been under fire, though, for her initial comments about the deadly september attack on the u.s. consulate in libya. >>> president obama welcomes election rival mitt romney to the white house today. they'll have a private lunch together. the president promised in his victory speech to meet with romney after their bitter campaign and consider his ideas for making government more efficient. >>> and yet another arrest this mornin
. >>> treasury secretary tim geithner is holding talks about avoiding the year-end fiscal cliff of tax hikes and spending cuts. republicans are asking for more details from the white house about how president obama would curb the growth of benefit programs like medicare and medicaid. >>> the woman who could be nominated as the next secretary of state got a big show of support wednesday in the face of growing republican criticism. president obama called susan rice extraordinary...